This table provides metadata for the actual indicator available from UK statistics closest to the corresponding global SDG indicator. Please note that even when the global SDG indicator is fully available from UK statistics, this table should be consulted for information on national methodology and other UK-specific metadata information.
To be included in the number of countries that have adopted and implemented investment promotion regimes, the existence of at least one type of promotion instrument (eg an investment guarantee scheme) would be sufficient. The Manufacturing Africa programme fulfills this requirement.
|Unit of measurement||
GBP (£ Millions)
Investment promotion regimes can be defined as those instruments that directly aim at encouraging outward or inward foreign investment through particular measures of the home or host countries of investment.
The Least Developed Countries (LDCs) are defined by the United Nations based on Gross National Income (GNI) per capita. A list of the current LDCs can be found on the OECD website.
Converted to GBP (£ millions)
Manufacturing Africa, formerly the Invest Africa programme, is a £100 million initiative that aims to increase foreign direct investment (FDI) into manufacturing in Africa. It does so by working with developing-country governments, international investors, buyers, and financiers – including from the UK. Over 10 years the programme will help create 90,000 jobs and generate £1.2 billion of new FDI. It will support developing countries to industrialise, produce higher value-added goods, and thereby transform their economies, creating high quality job opportunities for the poor.
The programme originally operated in 7 countries – Ethiopia, Uganda, Rwanda, Kenya, Nigeria, Senegal and Cote D’Ivoire. From April 2021 the programme is focused on 5 countries (same list of 7, excuding Cote D'Ivoire and Uganda). This project feeds into the Global Britain agenda – building wider and deeper global markets that will benefit the UK.
The Manufacturing Africa programme supports UK investors though investment facilitation services and could also more broadly relate to deals which create new export opportunities for UK companies.
Data follows the UN specification for this indicator. This indicator has been identified in collaboration with topic experts.
|Data last updated||01 February 2023|
|Metadata last updated||01 February 2023|